Cost of Living: Miami, FL vs New Smyrna Beach, FL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Miami, FL versus $4,516/mo in New Smyrna Beach, FL. In the model, rent is about 24.14% of gross in Miami, FL versus 23.86% in New Smyrna Beach, FL, so New Smyrna Beach, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami, FL and New Smyrna Beach, FL.
At a glance
- Cheaper overall (lower cost-of-living index): New Smyrna Beach, FL
- Lower rent (median 1BR/2BR): New Smyrna Beach, FL
- Lower home prices: New Smyrna Beach, FL
- Higher median household income: New Smyrna Beach, FL
Cost of Living Index
Miami, FL: 118.4 (U.S. = 100) · New Smyrna Beach, FL: 100 (U.S. = 100)
New Smyrna Beach, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.
Median Rent
Miami, FL: $1,574/mo (midpoint of 1BR/2BR) · New Smyrna Beach, FL: $1,556/mo
Median rent in Miami, FL is $18/mo higher than in New Smyrna Beach, FL.
Median Home Price
Miami, FL: $475,200 · New Smyrna Beach, FL: $365,900
Median home price in Miami, FL is $109,300 higher than in New Smyrna Beach, FL.
Median Household Income
Miami, FL: $59,390 · New Smyrna Beach, FL: $78,373
New Smyrna Beach, FL has a higher median household income than Miami, FL by $18,983.
Miami, FL overview · New Smyrna Beach, FL overview · Popular comparisons